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Committee hears testimony urging renewal of Angel Investment Tax Credit to spur startup investment
Summary
Senate File 2879, a bill to renew and modify Minnesota's Angel Investment Tax Credit to encourage early-stage investment, drew testimony from startup founders and industry groups and was laid over by the Senate Taxes Committee on April 1.
Senate File 2879, proposing renewal and modification of Minnesota’s Angel Investment Tax Credit, received testimony from industry and entrepreneurs on April 1 and was laid over by the Senate Taxes Committee for further consideration.
Ben Wagner of Medical Alley described the credit as a vital tool for early-stage companies across Minnesota, citing job creation and follow-on…
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